Compared to Estimates, Assurant (AIZ) Q4 Earnings: A Look at Key Metrics

Core Insights - Assurant (AIZ) reported $3.13 billion in revenue for Q4 2024, a year-over-year increase of 4.4%, with an EPS of$ 4.79 compared to $4.58 a year ago, exceeding both revenue and EPS consensus estimates [1] Financial Performance - Net investment income was$ 137.80 million, slightly above the average estimate of $134.09 million, but down 5.3% year-over-year [4] - Fees and other income totaled$ 438.60 million, below the average estimate of $447.09 million, reflecting a year-over-year increase of 1% [4] - Net earned premiums, fees, and other income reached$ 3 billion, surpassing the average estimate of $2.47 billion, marking a 4.9% year-over-year increase [4] Segment Performance - Global Housing revenues were$ 684.60 million, exceeding the estimated $636.93 million, with an 18.1% year-over-year increase [4] - Global Lifestyle revenues amounted to$ 2.44 billion, slightly above the estimated $2.39 billion, with a year-over-year increase of 1.2% [4] - Corporate & Other revenues were reported at$ 6.70 million, below the estimated $8.15 million, but showed a year-over-year increase of 15.5% [4] Investment Metrics - Global Housing net earned premiums were$ 603 million, exceeding the average estimate of $560.59 million, reflecting a year-over-year increase of 17.5% [4] - Global Housing fees and other income were$ 44.40 million, slightly below the average estimate of $46.54 million, with a significant year-over-year increase of 35.8% [4] - Global Lifestyle net investment income was$ 92.30 million, close to the average estimate of $92.66 million, but down 11.1% year-over-year [4]